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Meanwhile, if new car prices rise, more U.S. consumers would likely turn to the used car market, which would drive up prices of second-hand vehicles, he added. "Bonanza" for foreign competitors
The Prius was simultaneously cutting edge and kind of nerdy when it went on sale in the US in 2001. It was one of the first hybrid cars sold here and, after a redesign a few years later, became ...
After receiving information from automakers, the Treasury Department today issued its final list of EVs available for the full $7,500 credit through the Department of Energy’s fueleconomy.gov ...
The only other vehicle to fetch that much was the 2022 sale of the first retail 2023 Corvette Z06 70th Anniversary Edition. Hendrick bought that car, too, for $3.6 million.
In a similar vein, as new car prices are averaging $49,619—29% more expensive than they were pre-COVID-19—automakers are also offering cash-back deals with an effective discount on the sticker ...
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